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Friday, January 27, 2023
StartcarsIconic McLaren P1 destroyed in Florida hurricane returns for sale after...

Iconic McLaren P1 destroyed in Florida hurricane returns for sale after winning bid is rejected

The McLaren P1 that was destroyed by Hurricane Ian in Florida is back up for auction by Copart.

 

As you may recall, the Volcano Yellow P1 was caught in floodwater just a week after the owner purchased it through Bring a Trailer.

In November, the car went on sale at Copart, and a few days ago it sold for around US$ 400,000. However, it was not sold for long.

YouTuber TK's Garage claims that the insurance company that took possession of the car after the hurricane wanted $ 800,000 for it and put a reserve of $ 450,000 on the auction.

Although the bid did not reach the $ 450,000 mark, it was apparently enough for the insurer to accept the offer and it was officially listed as sold by Copart.

McLaren P1 sale failed

For whatever reason, this sale fell through and the hybrid hypercar has been re-listed and will remain available until December 16th.

As of press time, a bid of $ 259,000 has been placed. While it's unclear whether the insurance company adjusted its reserve, that number is obviously much lower than what the car could sell for.

If the car is sold for a second time, it will be interesting to see what the future holds for it.

In all likelihood, the next owner will try to fix it and sell it at a profit, but as the car has remained partially submerged in flood waters for some time, fixing it will be quite a challenge and will cost an extraordinary amount of money.

JK's Garage suggests that fixing it for less than $ 400,000 can be extremely difficult.

Whatever the case, it will be nice to see someone at least try to save this iconic car, as seeing it destroyed would be such a shame.

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